Video: Indonesia Imports Russian Oil - Nike Lays Off Thousands of Employees

The Indonesian government has officially secured a commitment for the supply of 150 million barrels of crude oil from Russia. This major agreement follows the meeting between President Prabowo Subianto and President Vladimir Putin, aimed at ensuring that domestic energy needs remain guaranteed until the end of the year. Meanwhile, the global sportswear giant Nike has once again announced the termination of employment for 1,400 of its employees worldwide. This efficiency measure is being taken amid the company’s struggle to recover from declining sales over the past few years.